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Reply #65: If Japan dumps its savings into the US economy, it won't prop up the yen [View All]

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Art_from_Ark Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-19-04 09:03 AM
Response to Reply #20
65. If Japan dumps its savings into the US economy, it won't prop up the yen
If Japan wanted to prop up the yen, all it would have to do is stop buying dollars.

But you do have a point in that Japan cannot afford a US market that is too weak, given that 30% of its exports are destined for the US.
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